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BRIDGEWATER ASSOCIATES, LP
and
Case 01-CA-169426
AN INDIVIDUAL
This Complaint and Notice of Hearing is based on a charge filed by (b) (6), (b ) (7 )(C)
an Individual. It is issued pursuant to Section 10(b) of the National Labor
Relations Act, 29 U.S.C. 151 et seq. (the Act) , and Section 102.15 of the Rules and
Regulations of the National Labor Relations Board (the Board), and alleges that
Bridgewater Associates , LP (Respondent) has violated the Act as described below:
1(a)
The charge in this matter was filed b~n February 10, 2016, and a
The amended charge in this proceeding was filed b~on June 23,
2016, and a copy was served by facsimile transmission and regular mail on Respondent
on June 23, 2016.
2.
commerce within the meaning of Section 2(2), (6) and (7) of the Act.
5.
At all material times, the following individuals held the positions set forth
opposite their respective names and have been supervisors of Respondent within the
meaning of Section 2(11) of the Act, and agents of Respondent within the meaning of
Section 2(13) of the Act:
6.
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Employment Agreement:
a) Under "Confidentiality of Employment Agreement" (page 3): The
rule stating that "You agree that the terms of your employment with
Bridgewater are confidential. "
b) Under "Confidential Information & Proprietary Information" (pages
4 , 5): The rules stating that " 'Confidential Information' means any
non-public information .. relating to the business or affairs of
Bridgewater or its affiliates, or any existing or former officer, director,
employee or shareholder of Bridgewater. " and prohibits the
distribution of "employee lists and employees' compensation and
management's compensation", which includes "Bridgewater's
organizational structure (including the allocation of responsibilities and
general construction of Bridgewater's departments, businesses,
subsidiaries and the employees assigned to them)"
c)
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what~oever
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8.
interfering with, restraining, and coercing employees in . the exercise of the rights
guaranteed in Section 7 of the Act in violation of Section 8(a)(1) of the Act.
10.
been discriminating against employees for filing charges or giving testimony under the
Act, in violation of Section 8(a)(1) and (4) of the Act.
11 .
commerce within the meaning of Section 2(6) and (7) of the Act.
SPECIAL REMEDIES
As part of the remedy for the unfair labor practices alleged above in paragraphs
7, 8, and 10, the General Counsel seeks an Order requiring that Respondent reimburse
received interim earnings in excess of those expenses, or at all, during any calendar
quarter, or during the overall backpay period. The General Counsel further seeks all
other relief as may be just and proper to remedy the unfair labor practices alleged,
including an order requiring t h a t . be made whole, including reasonable
consequential damages incurred as a result of the Respondent's unlawful conduct.
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ANSWER REQUIREMENT
with this office and serve a copy of the answer on each of the other parties.
An answer may also be filed electronically by using the E-Filing system on the
Agency's website. In order to file an answer electronically, access the Agency's website
at http://www.nlrb.gov, click on E-Gov, then click on the E-Filing link on the pull-down
menu. Click on the "File Documents" button under "Regional, Subregional and Resident
Offices" and then follow the directions. The responsibility for the receipt and usability of
the answer rests exclusively upon the sender. A failure to timely file the answer will not
be excused on the basis that the transmission could not be accomplished because the
Agency's website was off-line or unavailable for some other reason. When an answer is
filed electronically, an original and four paper copies must be sent to this office so that it
is received no later than three (3) business days after the date of electronic filing.
Service of the answer on each of the other parties must still be accomplished by means
allowed under the Board's Rules and Regulations. The answer may not be filed by
facsimile transmission: If no answer is filed, the Board may find, pursuant to a Motion for
Default Judgment, that the allegations in the complaint are true.
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NOTICE OF HEARING
PLEASE TAKE NOTICE THAT on October 4, 2016, at 10:00 a.m. at the A.A.
Ribicoff Federal Building, 450 Main Street, Suite 410, Hartford, Connecticut, and
on consecutive days thereafter until concluded, a hearing will be conducted before an
administrative law judge of the National Labor Relations Board. At the hearing,
Respondent and any other party to this proceeding has the right to appear and present
testimony regarding the allegations in this complaint. The procedures to be followed at
the hearing are described in the attached Form NLRB-4668. The procedure to request a
postponement of the hearing is described inJhe attached Form NLRB-4338.
By~t.~
Michael C. Cass, Officer-in-Charge
National Labor Relations Board
Subregion 34
A.A Ribicoff Federal Building
450 Main Street, Suite 410
Hartford, CT 06103
Attachments
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and
AN INDIVIDUAL
C'11fo""PM'
engaged in unfair labor practices in violation of the National Labor Relations Act, 29 U.S.C.
15 l , et seq. (the "Act"), denies any remaining allegations or legal conclusions contained in the
introductory paragraph, and requests that the Complaint and Notice of Hearing be dismissed.
1.
except is without knowledge or information sufficient to form a belief as to the truth of when the
charge was filed. Bridgewater admits the allegations contained in Paragraph l(b) of the
Complaint, except is without knowledge or information sufficient to form a belief as to the truth
of when the amended charge was filed.
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2.
except denies that Bridgewater is a corporation and states that it is a limited partnership.
3.
4.
5.
Bridgewater admits that, at all times relevant to the allegations in the Complaint,
opposite their respective names in Paragraph 5 of the Complaint, and each of them was a
supervisor within the meaning of Section 2( 11) of the National Labor Relations Act, but denies
the remainder of the allegations contained in Paragraph 5 of the Complaint.
6.
Bridgewater admits that Par'.1~r:q1h 6(a), 6(b), 6(c), 6(d), and 6(e) of the
signed. Bridgewater denies the remaining allegations in Paragraph 6 of the Complaint and
Bridgewater "maintained."
7.
8.
9.
IO.
11.
Bridgewater denies that any of the relief or special remedies listed on Page 3 of the
Complaint or any other relief or remedies are warranted.
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Any allegations in the Complaint that are not specifically and expressly admitted in this
DEFENSES
FIRST DEFENSE
The Complaint fails to state a claim for which relief can be granted.
SECOND DEFENSE
The National Labor Relations Board ("NLRB") lacks jurisdiction to grant relief because
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THIRD DEFENSE
The provisions of Bridgewater's employment agreement wi~ referred to in
Paragraph 6 of the Complaint are lawful under the Act and applicable NLRB precedent. See,
e.g.. Lutheran Heritage Village-Livonia, 343 NLRB 646, 646-47 (2004); Lafayette Park Hotel,
326 NLRB 824, 825 (1998), enf'd203 F.3d 52 (D.C. Cir. 1999).
FOURTH DEFENSE
Bridgewater's employment agreement witJ 9 was not adopted to prohibit, and has
not been applied to prohibit, the exercise of any Section 7 rights, and employees in the financial
services industry, including-
FIFTH DEFENSE
Bridgewater's employment agreement witJ 9 is based on legitimate business reasons
and, read properly in context, all of the provisions in -
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SIXTH DEFENSE
The confidentiality provisions in Bridgewater's employment agreement wit~ read
in context, do not violate the Act, as protecting confidential and proprietary information is
fundamental to providing client services in the financial services industry and is, in some
instances, required b y law or regulation.
SEVENTH DEFENSE
The non-disparagement provision in Bridgewater's employment agreement, read in
context, does not violate the Act, as it lawfully prohibits disparagement of Bridgewater's clients,
products and services.
EIGHTH DEFENSE
The arbitration provision in Bridgewater's employment agreement with-
does not
violate the Act, and the Complaint's challenge to the arbitration provision is contrary to law,
including the Federal Arbitration Act and the National Labor Relations Act. See, e.g., Murphy
Oil USA, Inc. v. NLRB, 808 F.3d 1013 (5th Cir. 2015); D.R. Horton v. NLRB, 737 F.3d 344 (5th
Cir. 2013); Walthour v. Chipio Windshield Repair, LLC, 745 F.3d 1326 (11th Cir. 201 4);
Richards v. Ernst & Young, LLP, 744 F.3d I 072 (9th Cir. 2013); Sutherland v. Ernst & Young
LLP, 726 F.3 d 290 (2d Cir. 20 13); Owen v. Bristol Care, Inc., 702 F.3d 1050 (8th Cir. 2013).
NINT H DEFENSE
in the exercise of the rights guaranteed in Section 7 of the Act in vio lation of Section
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ELEVENTH DEFENSE
The Complaint fails to state a claim for discrimination or retaliation because there was no
"adverse action" against. . and no causal connection between-
an unfair labor practice charge and . ,lacement on paid leave for legitimate business
reasons.
TWELFTH DEFENSE
Even if the General Counsel could establish a prima case of discrimination or retaliation,
Bridgewater had legitimate reasons for putting. . on paid leave and would have made the
same decision regardless of any protected activities under the Act.
THIRTEENTH DEFENSE
The "Special Remedies" section of the Complaint seeks relief, including consequential
damages, that exceeds the scope of the National Labor Relations Board's authority under the
Act.
FOURTEENTH DEFENSE
The Complaint seeks relief that is speculative.
FIFTEENTH DEFENSE
The "Special Remedies" section of the Complaint seeks relief that does not further the
remedial purposes of the Act, including damages for a very highly-paid employee who
to receive a si x-figure salary plus bonus entitlement while on paid leave.
SIXTEENTH DEFENSE
amages, if any.
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co~tinues
SEVENTEENTH DEFENSE
To the extent that any of the allegations set forth in the Complaint are based upon acts or
occurrences that were not within the scope of a timely unfair labor practice charge, these
allegations are barred by Section 1O(b) of the Act.
EIGHTEENTH DEFENSE
The facts that will be adduced at the hearing establish that, at all material times,
Bridgewater complied with all of its obligations under the Act.
Respectfully submitted,
Patricia A. Dunn
JONES DAY
51 Louisiana A venue, N. W.
Washington, D.C. 20001-2113
Telephone: (202) 879-3939
Facsimile: (202) 626-1700
pdunn@jonesday.com
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CERTIFICATE OF SERVICE
The undersigned, an attorney admitted to pr:icticc before the Courts of the State of New
York, affirms under penalty of perjury that on July 13, 2016, she caused a true and correct copy
of Bridgewater Associates, LP's Answer and Defenses to Complaint and Notice of Hearing to
be served upon counsel for the parties by first-class mail in a postage-prepaid, properly
addressed envelope at the following addresses designated for this purpose:
Scott Grubin
Wigdor, LLP
85 5th A venue, Fl 5
New York, New York 10003-3019
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